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Golden cross emerges in Ethereum as ETF and staking inflows soar.

MarketRead the original at benzinga.com
Good for ETH

Ethereum has experienced a significant price increase and bullish technical indicators due to strong ETF inflows and rising staking activity.

ETH · Ethereum

AI read · Good for ETH

The AI's read

ETH ripped higher, forming a daily golden cross while US spot ETFs pulled in about $697 million last week. Staking ratio climbed to 35%, shrinking available float. Market has already jumped ~7.8% since the news and RSI sits at 59, so momentum isn't exhausted. Still, the US equity downtrend and rising rates raise macro risk. We lean bullish on the setup because flows plus technicals align for more upside. Conviction 84% — fresh catalyst but keep size tight given regime risk.

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